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Author Question: The worst loss that is likely to happen is referred to as the A) maximum possible loss. B) ... (Read 177 times)

student77

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on: Jul 11, 2018
The worst loss that is likely to happen is referred to as the
 
  A) maximum possible loss.
  B) probable maximum loss.
  C) frequency of loss.
  D) severity of loss.

Question 2

Which of the following is a source of information a risk manager could use to help identify pure loss exposures?
 
  A) commodity prices
  B) physical inspections
  C) currency exchange rates
  D) interest rate movements


nothere

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


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